NOT LISTED FOR SALE

5720 E Cheney Dr Paradise Valley, AZ 85253

Estimated Value: $3,850,000 - $5,922,000

4 Beds
6 Baths
5,304 Sq Ft
$964/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $4,600,000 $867 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $28,432/month

217 Days on Market

Highlights

  • Guest House
  • Gated with Attendant
  • 1.92 Acre Lot
  • Kiva Elementary School Rated A
  • Heated Spa
  • Two Primary Bathrooms

About This Home

As of May 2022

A pristine contemporary masterpiece perched high on Mummy Mountain on the largest lot in GUARD GATED La Place du Sommet. Upon entering the glass pivot door of this completely renovated home you are immediately awed by the unobstructed views across Paradise Valley and Scottsdale to Four Peaks and the Superstition Mtns. The gourmet kitchen features an expansive waterfall quartz island, elegant Poggenpohl cabinetry, and a panoramic window breakfast area. 90-degree opening glass walls in the dining room connect to the wide glass-enclosed patio with a bbq. The home features a stunning master suite with separate owner bathrooms + access to the home's spa + waterfall, as well as 3 additional en suite bedrooms, a theatre room, home gym ( or 5th bedrm), wine cellar, and detached guest home.

Last Agent to Sell the Property

Joan Levinson

Realty ONE Group License #SA020825000 Listed on: 09/17/2021

Realty ONE Group

Last Buyer's Agent

Daniel Brown

My Home Group Real Estate License #SA586198000

My Home Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,567

Year Built

  • Built in 2003

Lot Details

  • 1.92 Acre Lot
  • Private Streets
  • Desert faces the front and back of the property
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer

HOA Fees

  • $625 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Designed by Robert M Brown Architects
  • Contemporary Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,304 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Two Way Fireplace
  • Double Pane Windows
  • Roller Shields
  • Living Room with Fireplace
  • 3 Fireplaces
  • Mountain Views
  • Finished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Two Primary Bathrooms
  • Primary Bathroom is a Full Bathroom
  • 6 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub With Separate Shower Stall

Home Security

  • Security System Owned
  • Smart Home

Outdoor Features

  • Heated Spa
  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Guest House

Schools

  • Kiva Elementary School
  • Mohave Middle School
  • Saguaro High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Purifier
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 169-02-020-A

Community Details

Overview

  • Association fees include street maintenance, trash
  • Desert Realty Mgt Association, Phone Number (602) 861-5980
  • Built by WJ Devco
  • La Place Du Sommet Lot 1 31 Tr A C Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,567

Year Built

Built in 2003

Lot Details

1.92 Acres

HOA Fees

$625 per month

Parking

3

Listing Details

  • Cross Street: Mockingbird and Cheney
  • Legal Info Range: 4E
  • Property Type: Residential
  • Ownership: Fee Simple
  • Architect Architect: Robert M Brown
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 625.0
  • Basement: Y
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.92
  • Subdivision Name: LA PLACE DU SOMMET LOT 1-31 TR A-C
  • Architectural Style: Contemporary
  • Efficiency: Multi-Zones
  • Property Attached Yn: No
  • Tax Parcel Letter: A
  • General Property Description:PriceSqFt: 867.26
  • Association Fees:HOA Fee2: 1875.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Features:Water Purifier: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Fireplace Master Bdr: Yes
  • Fireplace Features Two Way Fireplace: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Technology:Smart Home: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Partial
  • Flooring: Carpet, Stone
  • Basement YN: Yes
  • Spa Features: Heated
  • Appliances: Gas Cooktop, Water Purifier
  • Total Bedrooms: 4
  • Fireplace Features: 3+ Fireplace, Two Way Fireplace, Exterior Fireplace, Living Room, Master Bedroom
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Smart Home, Double Vanity, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Central Vacuum, Roller Shields, Vaulted Ceiling(s), Wet Bar, Kitchen Island, Pantry, 2 Master Baths, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 5304.0
  • Stories: 2
  • Window Features: Skylight(s), Dual Pane
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:Guarded Entry: Yes
  • Kitchen Features Pantry: Yes
  • Community Features:On-Site Guard: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Other Rooms:BonusGame Room: Yes
  • Kitchen Features:Gas Stub for Range: Yes
  • Other Rooms:Guest Qtrs-Sep Entrn: Yes
  • Kitchen Features:Multiple Ovens: Yes
  • Other Rooms:Media Room: Yes
  • Other Rooms:ExerciseSauna Room: Yes
  • Basement Description:Finished2: Yes
  • Basement Description:Partial: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes

Exterior Features

  • Fencing: None
  • Exterior Features: Balcony, Private Street(s), Built-in Barbecue
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Desert Back, Desert Front, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: None
  • View: City Light View(s), Mountain(s)
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted, Block
  • Other Structures: Separate Guest House
  • Patio And Porch Features: Covered Patio(s), Patio
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes
  • Construction:Block: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Built-in BBQ: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Separate Guest House: Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access, Separate Strge Area
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Separate Strge Area: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Security System Owned, Security Guard
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated, Guarded Entry
  • Association Fee: 1875.0
  • Association Fee Frequency: Quarterly
  • Association Name: La Place Du Sommet
  • Phone: N/A
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: La Place Du Sommet
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 0.5
  • Association Fees:Cap ImprovementImpact Fee _percent_: %
  • Association Fees:HOA Management Company: Desert Realty Mgt
  • Association Fees:HOA Management Phone: 602-861-5980
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: %
  • Association Fee Incl:Street Maint: Yes
  • Association Fee Incl:Garbage Collection2: Yes

Fee Information

  • Association Fee Includes: Street Maint, Trash

Schools

  • Elementary School: Kiva Elementary School
  • High School: Saguaro High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Mohave Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 83662.0
  • Parcel #: 169-02-020-A

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: WJ Devco

Tax Info

  • Tax Annual Amount: 14567.0
  • Tax Book Number: 169.00
  • Tax Lot: 15
  • Tax Map Number: 2.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Ardebili Omid and Ardebili Katibeh
Bought by
Ardebili Family Revocable Trust and Ardebili
Current Estimated Value
$5,113,190

Purchase Details

Listed on
Sep 17, 2021
Closed on
May 19, 2022
Sold by
Martori Iii Stephen A
Bought by
Ardebili Omid and Ardebili Katibeh
Seller's Agent
Joan Levinson
Realty ONE Group
Buyer's Agent
Daniel Brown
My Home Group Real Estate
List Price
$4,695,000
Sold Price
$4,600,000
Premium/Discount to List
-$95,000
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$3,000,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2015
Sold by
Nf Realty Growth Fund 2 Lp
Bought by
Martori Stephen A

Purchase Details

Closed on
Nov 26, 2012
Sold by
Pachtman Michael A and Pachtman Karen R
Bought by
Nf Realty Growth Fund 2 Lp

Purchase Details

Closed on
May 13, 2005
Sold by
Mueller James F and Mueller Susan L
Bought by
Rgb Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2005
Sold by
Muffin Estates Llc
Bought by
Pachtman Michael A and Pachtman Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
6.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 15, 2004
Sold by
Murphy Mark J
Bought by
Muffin Estates Llc

Purchase Details

Closed on
Sep 20, 2004
Sold by
Rgb Construction Inc
Bought by
Mueller James F and Mueller Susan L

Purchase Details

Closed on
Apr 16, 2003
Sold by
Stotts Joseph R
Bought by
Rgb Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2002
Sold by
Murphy Mark J
Bought by
Murphy Mark J and Mark J Murphy Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.52%

Purchase Details

Closed on
Sep 15, 1998
Sold by
Dippel William J
Bought by
Murphy Mark
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ardebili Family Revocable Trust -- None Listed On Document
Ardebili Omid $4,600,000 Fidelity National Title
Martori Stephen A $1,950,000 Grand Canyon Title Agency
Nf Realty Growth Fund 2 Lp $2,125,001 Stewart Title & Trust Of Pho
Rgb Construction Inc $950,000 Tsa Title Agency
Pachtman Michael A -- Fidelity National Title
Muffin Estates Llc $3,350,000 Fidelity National Title
Mueller James F $1,000,000 Tsa Title Agency
Rgb Construction Inc $375,000 Equity Title Agency
Murphy Mark J -- Stewart Title & Trust
Murphy Mark $275,000 Lawyers Title Of Arizona Inc
Dippel William J $265,000 Lawyers Title Of Arizona Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ardebili Omid $3,000,000
Previous Owner Rgb Construction Inc $950,000
Previous Owner Rgb Construction Inc $281,250
Previous Owner Murphy Mark J $400,000
Closed Murphy Mark J $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2023 10/24/23 Off Market $4,600,000 -- --
05/26/2022 05/26/22 Sold $4,600,000 -2.0% $867 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
09/17/2021 09/17/21 For Sale $4,695,000 -- $885 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,418 $244,201 -- --
2024 $13,558 $232,572 -- --
2023 $13,558 $274,280 $54,850 $219,430
2022 $12,981 $210,950 $42,190 $168,760
2021 $14,317 $207,580 $41,510 $166,070
2020 $14,567 $205,700 $41,140 $164,560
2019 $14,043 $192,670 $38,530 $154,140
2018 $15,504 $209,580 $41,910 $167,670
2017 $16,473 $233,220 $46,640 $186,580
2016 $16,116 $235,120 $47,020 $188,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6295042

Arizona Regional Multiple Listing Service (ARMLS)

APN: 169-02-020A

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